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Updated over 2 years ago on . Most recent reply

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Jordan Spillers
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6
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How do we get $ for House #2 when we spent savings on House #1?

Jordan Spillers
Posted

Hey! We're on the verge of acquiring property #1 (YAY!) and we're using the majority of our savings since it's not an FHA or Conventional loan. However, we've got our eyes on some other properties, and we're trying to figure out where the cash will come from for the 20% down payment for property #2. If we make something like $3,000 per year on Property #1, it would take us another 5 years to save up that cash from that rental property to acquire another one. I'd love to hear any ideas!

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